Today, the Premium (Paid) members were asked to the blue chip real estate firm, Unitech Ltd (Rs.16.95) at around Rs.16.70. The stock then moved to Rs.17.30. Unitech Ltd is a big name in the real estate space. Now when the RBI has given a clear direction as to, where the interest rates are going, one should buy such stocks and keep holding.
Yesterday, Rohit Ferro Tech Ltd (Rs.8.70) moved up to above Rs.9.50, today it is another steel counter, Bhusan Steel Ltd (Rs.93). It is now a foregone conclusion that the government is bringing in a slew of measures to safeguard the domestic steel sector. Hence, the price of steel stocks are likely to move up in the coming days.
C Mahendra Exports Ltd (Rs.13) is a high risk, high gain counter. Those who have risk-appetite, should buy the stock and keep holding for some decent gains in the coming days.